Skip to main content

SEC Receives Filing For XRP Option ETF From $12-B Amplify

Based on an SEC filing, Amplify — an asset manager overseeing $12.6 billion — has submitted paperwork for an XRP Option Income ETF that it plans to list on the Cboe BZX Exchange and start trading in November.

Rather than buying XRP outright, the fund seeks market exposure by holding ETFs that track XRP and by writing options to generate yield.

Amplify Seeks An Options-Based XRP Play

The filing outlines the fund’s composition. A minimum of 80% of the portfolio will be invested in instruments tied to XRP’s price, including shares of XRP ETFs and options written on those ETF shares.

The other 20% will be allocated to US Treasuries, cash, or similar short-term instruments. The fund intends to use option contracts to build synthetic exposure — for instance, pairing bought calls with sold puts at identical strikes and expirations, or buying in-the-money calls.

That arrangement is designed to produce steady option premium income from selling options on ETFs referencing XRP.

Futures Action Suggests Demand

Analysts look to futures markets for indications of investor demand. CME XRP futures and futures-linked ETFs have had momentum in the past, indicating there is demand.

Nate Geraci, president and chairman of The ETF Store, has been projecting approvals could unleash high levels of interest in XRP products, likening the inflows to what occurred with Bitcoin futures-linked ETFs.

Big capital flows followed the introduction of Bitcoin futures ETFs, and a few market observers anticipate similar flows for other tokens if access to spot ETFs widens.

Indirect Exposure, Different Risks

Because the fund won’t hold the token directly, investors would gain indirect exposure to price swings in XRP through ETF shares and derivative strategies rather than direct token custody.

That contrasts with the spot ETF bids currently pending with the SEC. Amplify’s structure may attract investors chasing option premium while avoiding the operational and custody issues tied to holding XRP directly.

Regulatory Backdrop And A Crowded Queue

Reports show Amplify’s filing raises the tally of XRP ETF applications in the US to 16. Among those are seven spot ETF bids from Grayscale, 21Shares, Canary, Bitwise, Wisdomtree, CoinShares, and Franklin Templeton.

There are at least 96 crypto-related ETF filings with the SEC overall, according to Bloomberg analyst James Seyffart.

Market participants are watching an October deadline closely, with some expecting the agency to rule on multiple proposals around that time.

Featured image from Pexels, chart from TradingView



from Bitcoinist.com https://ift.tt/oZkIHqn
Labels:

Comments

Post a Comment

Popular posts from this blog

Bitcoin ETFs Post Second Straight Week Of $500 Million Outflow — Details

The US-based spot Bitcoin ETFs (exchange-traded funds) recorded their second consecutive week of significant outflows over the last five-day trading period. This recent run of disappointing performances reflects the ongoing shift in investor sentiment in the United States. Over the past year, strong inflows into the US Bitcoin ETF market have constantly been associated with positive action for the BTC price. Fittingly, the price of Bitcoin has been consolidating over the past few weeks, struggling to pick up any real momentum. Bitcoin ETFs Record Fourth Consecutive Outflow Day According to the latest market data , the US Bitcoin ETFs registered a total daily outflow of $62.77 million on Friday, February 21. This latest round of withdrawals marked the fourth straight day (and the eighth day in the last nine trading days) that the crypto-based products would witness a net capital outflow. The Grayscale Bitcoin Trust (with the ticker GBTC) accounted for a larger percentage of Friday’...
Post a Comment
Read more

Bitcoin Goes Official: Texas Becomes 1st US State With BTC Reserve

Everything is big in Texas, many would say. Today, the state is looking past its current state of finances by adding Bitcoin to its coffers–and making things bigger in terms of its economic implications. Texas became the first US state to establish a crypto reserve . On March 7, 2025, legislators passed Senate Bill 21, which gives the green light to the state to direct public funds toward Bitcoin and other digital assets. The action has elicited both support and concern, with some viewing it as a prudent financial hedge and others warning of potential pitfalls. A Push For Bitcoin In The Lone Star State For months, Texas has been seeing increasing favor for the idea of a Bitcoin reserve. Senator Charles Schwertner introduced SB 778, a measure that proposes establishing a strategic stockpile. Including the top crypto asset into the state’s financial reserves was meant to help cushion inflation and economic uncertainty. Texas officials, especially Lieutenant Governor Dan Patrick, wh...
Post a Comment
Read more

Liczba milionerów kryptowalutowych wzrosła o 40%. Rynek przekracza 3,3 biliona dolarów

Rozwój rynku kryptowalut widać również bo liczbie osób, których portfel kryptowalutowy przekroczył milion dolarów. Według najnowszego raportu Henley & Partners, liczba inwestorów posiadających majątek przekraczający milion dolarów w cyfrowych aktywach wzrosła o 40% w ciągu ostatniego roku. Aktualnie na świecie jest już 241 700 milionerów, jeśli chodzi o waluty cyfrowe. Wzrost ten zbiegł się z historycznym momentem, gdyż w połowie 2025 roku kapitalizacja całego rynku kryptowalut przekroczyła 3,3 biliona dolarów . Bitcoin wciąż liderem wzrostów Największy udział w tworzeniu nowych fortun ma niezmiennie Bitcoin. Liczba posiadaczy portfeli BTC, których wartość przekracza milion dolarów, wzrosła aż o 70% rok do roku i wynosi dziś 145 100 . Jeszcze bardziej imponująco wygląda grupa tzw. Centymilionerów, czyli inwestorów posiadających ponad 100 milionów dolarów w Bitcoinie. Ich liczba wzrosła o 63% , osiągając poziom 254 osób. Co więcej, liczba miliarderów BTC podskoczyła do 17, notu...
Post a Comment
Read more